Precision Irrigation Systems Market to Expand with a CAGR of 13% from 2016 to 2023

The Precision Irrigation Systems Market Research Report Forecast 2018-2026 is an important source of insightful data for market strategists. It presents the Precision Irrigation Systems industry overview with growth analysis and past & futuristic cost, income, demand and supply data (as relevant). The research analysts present a detailed representation of the value chain and its distributor analysis. This Precision Irrigation Systems market study gives complete data which improves the understanding.

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Market Insight:

Precision irrigation systems are being observed as the best irrigation techniques for high water efficiency and productivity. The overall system comprises precise irrigation products connected with the control and management system. The irrigation products typically used for precision irrigation systems are drip irrigation, micro-sprinklers & sprayers, center pivot and linear move irrigation systems. These systems are installed with a control and management system that measures and controls the amount of water and fertilizer to be supplied to the crops/plants. As a result, the overall water efficiency rises substantially thereby increasing the production.

The most significant factor fueling the market growth is the rising need/demand for more efficient irrigation system with automated features for measurement and control. Although traditional irrigation techniques are still dominant in the overall market, developed regions such as North America and Europe have strong demand for advanced irrigation systems. Similar trend is estimated to be followed in the Asia Pacific region where agriculture represents a large sector with high population. The smart irrigation systems market is largely spurred by the rising population coupled with food requirement worldwide.

According to the United Nations, the global population is projected to cross the 8 Bn mark by 2030. This would further result into need for higher food production. Consequently, the adoption of more efficient and convenient irrigation systems is expected to increase significantly in the coming years resulting into higher demand for smart irrigation systems. Nevertheless, the most significant hindrance for the market is the high cost and technical complexities of the precision irrigation infrastructure.

Competitive Insights:

Some of the major companies operating in the precision irrigation systems market are Netafim Ltd., Valmont Industries, Inc., Lindsay Corporation, Jain Irrigation Systems Ltd., The Toro Company, Hunter Industries, Inc. and others. The market specifically for the precision irrigation systems is quite consolidated in nature with few major players occupying the major chunk of revenue globally. These companies emphasize on offering irrigation equipment and control and monitoring system as a whole.

Scope

Analysis of trends in the global Precision Irrigation Systems industry and interest for Precision Irrigation Systems in various regions, including Asia-Pacific, Europe, and North America

Market size and value of Precision Irrigation Systems used for commercial Precision Irrigation Systems from 2011 to 2017 and forecast for eight years up until 2026

The qualitative study of drivers and limitations of Precision Irrigation Systems market

Information on major market players such as BASF, Clariant, Cytec, SNF FloMin, Beijing Hengju chemical Group Corporation and Kemira among others.

Reasons to Buy

Gain up to date report and axnalysis about the global Precision Irrigation Systems market

Recognize key regions and countries that describe potential growth possibilities for the Precision Irrigation Systems market

Facilitate decision making by understanding the opportunities presented by the Precision Irrigation Systems market

Gain information about major players in the Precision Irrigation Systems market

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Research methodology and delivery time

Credence Research has conducted in depth secondary research to arrive at key insights. Data collected from key public industry sources and publications have been scanned and analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as the single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available.

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